25 April 2024
Pouyanné signals TotalEnergies will not exit Russian LNG – for now
Publication date: 25 March 2022
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Patrick Pouyanné, the CEO of TotalEnergies, has signaled that the company will not exit its minority stakes in Russian LNG assets unless called for by government sanctions. Speaking at an investor presentation, Pouyanné reiterated however that the company would phase out oil purchases from Russia by the end of 2022 the latest and not provide any new capital for energy projects in Russia...